The number of units in the ending inventory is 77 units.
To determine the number of units in the ending inventory, we need to calculate the number of units available for sale and subtract the units sold.
The beginning inventory was 77 units. During the month, the company purchased an additional 484 units. Therefore, the total units available for sale were 77 + 484 = 561 units.
The company sold 364 units, leaving us with the remaining units in the ending inventory.
Therefore, the ending inventory is calculated as 561 (total units available) - 364 (units sold) = 197 units.
Thus, the correct answer is that there are 197 units in the ending inventory, not 77 units, 561 units, or 120 units.
learn more about inventory here: brainly.com/question/29944146
#SPJ11
1) Credit spreads tend to contract during economic recovery True False 2) Yield curve tends to invert prior to economic recession True False 3) Yield to worst is the minimum yield an investor could expect in a callable bond True False
True: Credit spreads, which represent the difference in yields between bonds with higher credit risk and those with lower credit risk, tend to contract during economic recovery.
As economic conditions improve, investors become more optimistic about the ability of borrowers to repay their debts, leading to a decrease in credit spreads.
True: The yield curve has historically tended to invert prior to economic recessions. In an inverted yield curve, short-term interest rates are higher than long-term interest rates.
This inversion is often interpreted as a signal of market expectations for future economic weakness, as investors seek the safety of long-term bonds, driving their yields down.
True: Yield to worst is the minimum yield an investor could expect in a callable bond. Callable bonds give the issuer the right to redeem the bonds before their maturity date.
Yield to worst considers the lowest potential yield if the bond is called, which is typically the scenario that results in the least favorable outcome for the investor.
To know more about Credit spreads, click here: brainly.com/question/30545974
#SPJ11
You are auditing sales and collection cycle for the Hospital Cahaya, a small not-for-profit hospital. The hospital has a reputation for excellent medical services and deficient record- keeping. The medical people have a traditional of doing all aspects of their job correctly, but because of a shortage of accounting personnel, there is no time for internal verification or careful performance. In previous years, your firm has found quite a few misstatements in billings, cash receipts, and account receivables. As in all hospitals, the two largest assets are account receivable and property, plant and equipment.
When auditing the sales and collection cycle for the Hospital Cahaya, the auditor will examine how sales are recorded in the financial statements.
The cycle starts with the sale of medical services, with the subsequent issuance of invoices to patients or their insurance providers. Patients or their insurers then pay the invoices. An auditor's main concern is to verify that all sales and cash collections are correctly recorded and accounted for in the financial statements. They must also ensure that all amounts recorded in the financial statements are genuine, accurate, and complete.
The hospital's reputation for excellent medical services and poor record-keeping can pose a significant risk to the audit process. Given the shortage of accounting personnel, there is no time for internal verification or careful performance. As a result, misstatements in billings, cash receipts, and accounts receivables have been found in previous years. As a result, the auditor will need to be more careful in verifying the accuracy of the financial statements. This means they will need to conduct more detailed testing procedures to ensure that there are no material misstatements.
Auditing sales and collection cycles are vital as the two largest assets of any hospital are account receivable and property, plant and equipment. Hence, there is a higher chance of errors and misstatements. The auditor will need to plan their audit procedures carefully, given the hospital's poor record-keeping and the past misstatements that have been discovered. The auditor may consider developing and implementing an internal control framework that will help in improving the hospital's record-keeping and prevent future errors.
To minimize the risks of material misstatements, the auditor may consider conducting more substantive tests of transactions to ensure that all sales are appropriately recorded and that all cash collections are accurately accounted for in the financial statements. They may also want to scrutinize the hospital's billings, cash receipts, and account receivables records thoroughly to identify any misstatements that may exist. Further, the auditor may also want to evaluate the hospital's accounting personnel and provide recommendations on hiring more staff to improve the record-keeping process.
In conclusion, auditing the sales and collection cycle for a hospital such as Hospital Cahaya is crucial, given the hospital's two largest assets are account receivable and property, plant, and equipment. Given the hospital's reputation for excellent medical services and poor record-keeping, the auditor must be more careful in their audit procedures to identify and prevent material misstatements. The auditor may consider implementing an internal control framework, conducting substantive tests, scrutinizing the hospital's records thoroughly, evaluating accounting personnel, and making recommendations for future improvements.
To know more about sales visit:
brainly.com/question/29436143
#SPJ11
P sues D in negligence. At the trial, it is determined that P's negligence was 40%
responsible for P's injury, and D's negligence was 60% responsible. P's losses total $10,000. Under a pure comparative negligence system, P will recover:
Group of answer choices
$6000
Nothing
$10,000
$4000
Under a pure comparative negligence system, the amount of damages a plaintiff can recover is reduced based on the percentage of fault assigned to them. In the given scenario, the plaintiff (P) has total losses amounting to $10,000. However, they were found to be 40% responsible for their injury, while the defendant (D) was found to be 60% responsible.
In a pure comparative negligence system, P's recovery is determined by deducting their assigned percentage of fault from the total losses.
Therefore, P would be entitled to recover $6,000 ($10,000 - 40% of $10,000 = $6,000). This means that P's recoverable amount is reduced by their own level of responsibility.
Based on this understanding of pure comparative negligence, the correct option is that P will recover $6,000 in damages.
This calculation accounts for the allocation of fault and the application of the pure comparative negligence principle.
Read more about negligence
https://brainly.com/question/32769351
#SPJ11
Refer to Apple’s financial statements in Appendix A to answer the following. Required
1. Assume that the amounts reported for inventories and cost of sales reflect items purchased in a form ready for resale. Compute the net cost of goods purchased for the year ended September 28, 2019.
2. Compute the current ratio and acid-test ratio as of September 28, 2019, and September 29, 2018.
3. Does Apple’s 2019 current ratio outperform or underperform the (assumed) industry average of 1.5?
4. Does Apple’s 2019 acid-test ratio outperform or underperform the (assumed) industry average of 1.0?
Without access to Appendix A or the financial statements of Apple, it is not possible to provide specific s to questions 1, 2, 3, and 4.
1. To compute the net cost of goods purchase for the year ended September 28, 2019, we need to find the difference between the opening and closing inventories.
Unfortunately, without access to Appendix A or the financial statements of Apple, I cannot provide the exact figures for the inventories. However, the net cost of goods purchased can be calculated using the formula:
Net Cost of Goods Purchased = Opening Inventory + Purchases - Closing Inventory
By subtracting the closing inventory from the sum of the opening inventory and purchases, we can determine the net cost of goods purchased.
2. The current ratio is calculated by dividing current assets by current liabilities. The acid-test ratio, also known as the quick ratio, is calculated by subtracting inventory from current assets and then dividing the result by current liabilities. The current ratio and acid-test ratio for September 28, 2019, and September 29, 2018, can only be determined by referring to the financial statements provided in Appendix A.
3. To determine if Apple's 2019 current ratio outperforms or underperforms the assumed industry average of 1.5, we need to compare Apple's current ratio to the industry average. If Apple's current ratio is higher than 1.5, it would indicate that they are performing better in terms of liquidity compared to the industry average. Conversely, if Apple's current ratio is lower than 1.5, it would suggest that they are underperforming in terms of liquidity.
4. Similarly, to determine if Apple's 2019 acid-test ratio outperforms or underperforms the assumed industry average of 1.0, we need to compare Apple's acid-test ratio to the industry average. If Apple's acid-test ratio is higher than 1.0, it would indicate that they have a stronger ability to meet short-term obligations without relying on inventory. On the other hand, if Apple's acid-test ratio is lower than 1.0, it would suggest that they are underperforming compared to the industry average in terms of their ability to meet short-term obligations.
Learn more about purchase here:
https://brainly.com/question/31035675
#SPJ11
An investment manager is considering stocks X1, X2, and X3 for investment. Market research shows the following information (per stock)
X1
X2
X3
cost $100
risk measure 8
price annual growth rate: 9%
annual return: $14
cost $120
risk measure 10
price annual growth rate: 13%
annual return: $15
cost $80
risk measure 7
price annual growth rate: 8%
annual return: $20
Based on his experience, the manager has set the following priorities for the investment:
(1) The total amount invested should be at least $90,000. (d1)
(2) The minimum annual average growth rate in stock prices is 12%. (d2)
(3) The risk factor of all stocks should not exceed an average of 5. (d3)
(4) The total annual return should be $15,000. (d4)
The goal programming objective function can be written as:
Min P1d1+, P2d2+, P3d3-, P4d4-
Min P1d1-, P2d2-, P3d3-, P4d4-
Min P1d1-, P2d2-, P3d3+, P4d4-
Min P1d1-, P2d2-, P3d3+, P4d4+
Min P1d1+, P2d2-, P3d3+, P4d4
He can invest the entire amount, $90,000 in X2 and $10,000 in X1.
Let X1, X2, and X3 be the stock options being considered. Their characteristics are given below:X1: Cost = $100
Risk measure = 8
Price annual growth rate = 9%
Annual return = $14X2:
Cost = $120
Risk measure = 10
Price annual growth rate = 13%
Annual return = $15X3: Cost = $80
Risk measure = 7
Price annual growth rate = 8%
Annual return = $20
The investment manager has established the following priorities:
Total amount invested must be $90,000 or more.
Minimum annual average growth rate in stock prices is 12%.
The average risk factor of all stocks should not exceed 5.
Total annual return should be $15,000.
The objective function for goal programming is as follows:
Min P1d1+, P2d2+, P3d3-, P4d4-Min P1d1-, P2d2-, P3d3-, P4d4-Min P1d1-, P2d2-, P3d3+, P4d4-Min P1d1-, P2d2-, P3d3+, P4d4+Min P1d1+, P2d2-, P3d3+, P4d4
Solution:X1 X2 X3
Total Cost 100 120 80 300
Risk measure 8 10 7 25
Price annual growth rate 9% 13% 8% —Annual return 14 15 20 —Let X be the amount invested in each stock.
Then, the objective function is Min P1d1+, P2d2+, P3d3-, P4d4-(X1 + X2 + X3) ≥ 90,000 … (1)0.09X1 + 0.13X2 + 0.08X3 ≥ 0.12(X1 + X2 + X3) … (2)8/25 X1 + 10/25 X2 + 7/25 X3 ≤ 5 … (3)0.14X1 + 0.15X2 + 0.20X3 = 15,000 … (4)
The objective function to be minimized is: P1d1+, P2d2+, P3d3-, P4d4-.
Substituting (1), (2), and (3) in the objective function, we getP1(90000 - X1 - X2 - X3)+ P2(0.12(X1 + X2 + X3) - 0.09X1 - 0.13X2 - 0.08X3)+ P3(5 - 8/25 X1 - 10/25 X2 - 7/25 X3) - P4(15000 - 0.14X1 - 0.15X2 - 0.20X3)
Simplifying and rearranging, we get0.34P1 X1 + 0.22P2 X1 - 0.20P2 X2 - 0.12P3 X1 + 0.10P3 X2 - 0.28P3 X3 + 0.14P4 X1 + 0.15P4 X2 + 0.20P4 X3 ≤ 15000 - 90000 P1 + 0.12P2 + 5P3 + 15000 P4
The objective function for this is Min P1d1+, P2d2+, P3d3-, P4d4-. The investment manager needs to invest in X1 and X2. He can invest the entire amount, $90,000 in X2 and $10,000 in X1.
To know more about stock prices visit:
https://brainly.com/question/18366763
#SPJ11
Journal entries should be used for what types of transactions? Checks used to replenish Petty Cash Transactions for selling products to customers Adjustments to account balances at year-end Bills that
Journal entries should be used for various types of transactions in accounting. These transactions include:
Initial recording of business transactions: When a business engages in any transaction, such as purchasing inventory, selling products, paying expenses, or receiving income, journal entries are used to record the details of these transactions.
Adjusting entries: At the end of an accounting period, adjusting entries are made to ensure that revenues and expenses are recognized in the correct period and that account balances reflect accurate financial information. Examples include recording accrued expenses or recognizing prepaid expenses.
Closing entries: At the end of an accounting period, closing entries are made to transfer temporary account balances (such as revenue and expense accounts) to the retained earnings or owner's equity account. This process helps reset the accounts for the next accounting period.
Reversing entries: In certain cases, reversing entries may be used to cancel out accruals or deferrals that were recorded in the previous accounting period, simplifying the subsequent period's accounting process.
These are just a few examples of the types of transactions that typically require journal entries. The specific transactions will depend on the nature of the business and its accounting practices.
Learn more about accounting here
https://brainly.com/question/26690519
#SPJ11
Unions played a critical role in the USA and historically, they helped establish several of our current laws for employee rights and workplace safety. But over the past few years, unions have increasingly faced difficulties in either staying established or in being created.
Discuss how the bargaining goals and strategies of a union may differ from those of the employer. Give an example from your research or your own experience.
The bargaining goals and strategies of a union may differ from those of the employer in several ways.
The unions' goal is to ensure that their members' benefits and wages are maintained or increased, while the employer's primary goal is to maximize profits. For example, a union might bargain for better health benefits or a wage increase in the collective bargaining agreement. The union's strategy for achieving these goals might include strikes, collective bargaining, and lobbying for policy changes. For example, a union may negotiate a higher wage for its members by threatening to go on strike if the employer refuses to agree to their demands. The union can also try to influence public policy by lobbying lawmakers to pass laws that favor workers' rights, such as minimum wage laws. On the other hand, the employer's bargaining strategy may include minimizing wages and benefits for employees to maximize profits. The employer may also resist unionization efforts, leading to legal disputes between the union and the employer. Employers may also try to influence public policy to favor their interests by lobbying lawmakers to pass laws that reduce regulations or taxes on businesses. Therefore, the bargaining goals and strategies of a union differ from those of the employer, with the union aiming to maximize workers' benefits and the employer aiming to maximize profits.
To know more about bargaining visit:
https://brainly.com/question/32148771
#SPJ11
Synchronizing supplier and customer forecasts is part of
a "Collaborative planning, forecasting and replenishment (CPFR)"
b Economic Batch Quantity (EBQ)
c Economic Take Responsibility (ETR)
d Analyze Market Research (AMR)
The correct answer to your question is a) Collaborative planning, forecasting and replenishment (CPFR). CPFR is a business practice that aims to enhance supply chain management by establishing collaboration between suppliers and customers. Synchronizing supplier and customer forecasts is a crucial part of CPFR.
This process enables both parties to share information about expected demand, inventory levels, and production schedules. By doing so, they can work together to make more accurate forecasts and optimize the supply chain process.CPFR is a business practice that aims to enhance supply chain management by establishing collaboration between suppliers and customers. Synchronizing supplier and customer forecasts is a crucial part of CPFR.
On the other hand, Economic Batch Quantity (EBQ) is a formula used to determine the optimal quantity of items to produce or purchase to minimize costs. Economic Take Responsibility (ETR) is not a recognized term in supply chain management. Finally, Analyze Market Research (AMR) is a process of analyzing market trends and consumer behavior to develop effective marketing strategies.
Overall, CPFR is an essential aspect of supply chain management, as it promotes collaboration and communication between suppliers and customers, resulting in more efficient operations, better customer service, and increased profitability.
learn more about business
https://brainly.com/question/30436735
#SPJ11
How prices allocate resources Suppose that there are three beachfront parcels of land available for sale in Asilomar and six people who would each ke to purchase one parcel Assume that the parcels are essentially identical and that the minimum seting price of each is $570,000. The following table states each person's willingness and ability to purchase a parcel Willingness and Ability to Purchase Person (Dollars) Darnell 700,000 Eleanor 630,000 Jacques 590,000 Kyoko 550.000 Musashi 510,000 Rina 500,000 Which of these people will buy one of the three beachfront parcels? Check all that apply Darnell Eleanor OLD # NOE 0 D POT V f 138 FM Homework (Ch 04) Kyoko 550,000 Musashi 510.000 Rina 500.000 Which of these people will buy one of the three beachfront parcels? Check all that apply. Darnell Eleanor Jacques Kyoko Musashi Rina Assume that the three beachfront parcels are sold to the people that you indicated in the previous section. Suppose that a few days after the last of those beachfront parcels is sold, another essentially identical beachfront parcel becomes available for sale at a minimum price of $560,000. This fourth will purchase it from the seller for at least the minimum price be sold, because parcel 0 A-2 O D N 4 1650 128 PM 5/28/2522
The people who will purchase one of the three beachfront parcels based on their willingness and capacity to purchase as seen in the table.
These people have the biggest offers from interested parties, with Darnell offering $700,000, Eleanor offering $630,000, and Jacques offering $590,000.It seems conceivable that one of the remaining possible bidders will buy the oceanfront parcel if a second, almost similar one becomes available for sale at a minimum price of $560,000. They might not be able to purchase the plot though since their willingness to pay is less than the required amount. The lot might stay if no other buyers emerge with a higher willingness to pay.
Learn more about purchase here :
https://brainly.com/question/32412874
#SPJ11
Consider the following information available for the firm F The long term historical average return on European government bonds is 4.5% The systematic risk of equity B is 1.20 The risk premium expected for the market is 6% The pre-tax cost of debt 2% The tax rate 24% The debt represents 10% of total capital. 1. Provide and estimation of the cost of equity using the CAPM model re? 4 marks 2. Explain why the CAPM model may be incomplete to estimate the cost of capital? 3 marks 3. Compute the WACC? 4 marks 4. Given its equity beta of 0.8 and its debt beta of 0.2, what is the asset beta of the firm F7 4 marks For the toolhar preer Al T+C1n in L
The estimation of the cost of equity using the CAPM model is 12.3%.
1. Cost of Equity using CAPM modelThe CAPM model stands for Capital Asset Pricing Model. It helps in the computation of the required return on any asset given the risk-free rate of return, market risk premium, and asset's beta. The formula for CAPM is as follows:
r = Rf + Beta (Rm - Rf)
Here, r represents the cost of equity, Rf is the risk-free rate, Beta is the systematic risk or equity risk of the company, Rm is the expected market risk premium.In this case, the long term historical average return on European government bonds is the risk-free rate, which is 4.5%.
The systematic risk or beta for equity B is 1.20
The risk premium expected for the market is 6%
Plugging the values in the formula:
r = 4.5 + 1.20(6) = 12.3%
Therefore, the estimation of the cost of equity using the CAPM model is 12.3%.
To know more about CAPM visit:
https://brainly.com/question/10593001
#SPJ11
Two profit-maximising firms produce differentiated products at no cost and compete in prices. Letting i, j = 1,2 with ij, the inverse demand function and the corresponding demand function faced by each firm i are 2 3 Pi = 1200-9i39 and di = (1200-3p; + 2p;) (a) [5 MARKS] Find the equilibrium prices and quantities. (b) [5 MARKS] In a graph, represent the two firms' best responses and the equilibrium. (c) [5 MARKS] Suppose that the two firms merge to create a monopoly. What are the equilibrium prices and quantities? (d) [15 MARKS] Suppose that the two firms compete for infinitely many periods and agree to both set their price to the monopoly level. Moreover, both firms follow a "trigger strategy": if one firm deviates from the agreement in period t, the other sets its price to the duopoly equilibrium from period t + 1 to infinity. Let 8₁ and 82 (with 81,82 € [0, 1]) be the discount rates of firms 1 and 2, respectively. For what values of 8₁ and 2 is the collusive agreement sustainable? 1
The equilibrium prices and quantities are pi = 400/3 and qi = 400/3.
(a) the equilibrium prices and quantities are found by solving the firms' profit maximization problems. firm i's profit function is given by:
πi = (1200 - 3pi + 2pj)pi - 0
taking the derivative with respect to pi and setting equal to zero, we get:
1200 - 6pi + 2pj = 0
solving for pi, we get:
pi = (1200 - 2pj)/6
substituting this into the demand function for firm i, we get:
di = (1200 - (1200 - 2pj)/6) = (1200 - 200 + pj)/3 = (400 + pj)/3
the equilibrium price is found by setting the two demand functions equal to each other:
(400 + pj)/3 = (400 + pk)/3
solving for pj, we get:
pj = 400
substituting this into the equilibrium price equation, we get:
pi = (400 + 400)/3 = 400/3
the equilibrium quantity is found by discount substituting the equilibrium price into the demand function:
di = (400 + 400/3)/3 = 400/3 (b) the two firms' best responses are shown in the following graph. the horizontal axis shows the price of firm 1 and the vertical axis shows the price of firm 2. the solid line shows firm 1's best response curve and the dashed line shows firm 2's best response curve. the equilibrium point is where the two curves intersect.
[image of graph of two firms' best responses]
(c) if the two firms merge to create a monopoly, the monopoly price is found by setting the marginal revenue equal to zero:
mr = 1200 - 6p = 0
solving for p, we get:
p = 200
the monopoly quantity is found by substituting the monopoly price into the demand function:
q = (1200 - 200)/2 = 400
Learn more about discount here:
https://brainly.com/question/31870453
#SPJ11
information Management
1. Explain why it is important for general managers to be
directly involved in information technology decision making
2. Convince your managing director why he needs to be inv
Information management is an essential aspect of a modern business that is facilitated by Information Technology (IT). It involves collecting, processing, storing, and disseminating data within an organization. This process provides relevant information that enables managers to make informed decisions on strategic and operational issues.
This essay will explain why it is important for general managers to be directly involved in information technology decision-making and convince the managing director why he needs to be involved.
Firstly, general managers should be directly involved in IT decision-making as they are responsible for managing the organization's strategic and operational activities. They need to ensure that information management aligns with the business's goals and objectives. They also need to make sure that the IT infrastructure meets the organization's needs. For instance, they need to ensure that data is secure, and the IT system is reliable to support the organization's operations.
Secondly, general managers need to be involved in IT decision-making as it helps to ensure that the IT system supports the organization's operations. The managers understand the organization's processes and how technology can be used to improve efficiency, productivity, and effectiveness. For instance, they can identify areas where technology can be used to automate tasks, eliminate redundancies, and streamline workflows. This can help to improve the organization's performance and competitive advantage.
Thirdly, the general manager needs to be involved in IT decision-making as it helps to ensure that the organization complies with regulatory requirements. The managers need to ensure that the IT system meets legal and regulatory requirements. For instance, they need to ensure that data is stored and processed in compliance with data protection laws.
In conclusion, general managers need to be directly involved in IT decision-making to ensure that information management aligns with the business's goals and objectives, to improve efficiency, productivity, and effectiveness, and to ensure regulatory compliance. The managing director also needs to be involved in IT decision-making as he has overall responsibility for the organization's performance and needs to ensure that IT infrastructure supports the business's goals and objectives.
To know more about Information management visit:
https://brainly.com/question/30532265
#SPJ11
You have a 15 year maturity, 4% coupon, 6% yield bond with duration of 10.5 years and a convexity of 128.75. The bond is currently priced at $805.76. If the interest rate were to increase 200 basis points, your predicted new price for the bond (including convexity) is _________.
A) $638.85
B) $642.54
C) $666.88
D) $705.03
The correct option is D) $705.03. The predicted new price of the bond (including convexity) can be calculated by using the formula given below:Change in bond price = (- Modified duration x ∆y x P) + (Convexity x ∆y² x P).
Where,Modified duration (Dm) = 10.5 Convexity (C) = 128.75 Initial bond price (P) = $805.76∆y = Change in yield in decimal form = 0.02 Firstly, calculate the price change due to modified duration:Change in bond price due to modified duration= (- Modified duration x ∆y x P)=- (10.5 x 0.02 x $805.76)=- $168.99. Secondly, calculate the price change due to convexity:Change in bond price due to convexity= Convexity x ∆y² x P= 128.75 x (0.02)² x $805.76= $68.26. Lastly, add up the results of both calculations:Predicted new price of the bond = Initial bond price + Change in bond price= $805.76 - $168.99 + $68.26= $705.03.
Therefore, the predicted new price of the bond (including convexity) when the interest rate is increased 200 basis points is $705.03.
To know more about Bonds visit-
https://brainly.com/question/31994049
#SPJ11
Visit the website of Red Bull ( ). What is the
perceived Red Bull’s brand personality and how does it influence
consumer behaviour?
Red Bull's brand personality is perceived as adventurous, young, and energetic. The brand's personality is rooted in its slogan, "Red Bull gives you wings," which implies that it provides consumers with the energy and motivation they need to achieve their goals.
Influence of Red Bull’s brand personality on consumer behavior
The perceived brand personality of Red Bull plays a significant role in consumer behavior.
Consumers who are attracted to the brand's personality tend to be adventurous, youthful, and highly active.
As a result, they are more likely to engage in extreme sports or other high-intensity activities that require a lot of energy.
Red Bull's branding encourages consumers to live life to the fullest by promoting its energy-boosting effects and associating itself with extreme sports and other high-energy activities.
Overall, Red Bull's brand personality is a key factor in the company's marketing success. By aligning its branding with consumers' desire for adventure and high-energy lifestyles, Red Bull has been able to establish itself as a leading brand in the energy drink market.
To know more about significant role, visit:
https://brainly.com/question/29794697
#SPJ11
Tiananmen Square events occurred a) during Deng Xiaoping period b) during Mao's reign c) during Xi Jinping period d) during Jiang Zemin period. e) and were actively financed by Stalin. 14. The labor market in the Japanese economy a) has fewer labor unions than US b) has paternalistic attitude towards labor c) has lower level of foreign workers. d) all are correct. e) both b and care correct
The correct answer is d). all are correct. the Tiananmen Square events occurred in China, they are not directly related to the labor market in the Japanese economy.
Explanation: The labor market in the Japanese economy has fewer labor unions than the US, has a paternalistic attitude towards labor, and has a lower level of foreign workers. All three statements are correct. In Japan, labor unions have historically been less prevalent compared to the United States, with a smaller percentage of the workforce being unionized. The Japanese employment system often emphasizes a paternalistic relationship between employers and employees, with a focus on long-term employment, company loyalty, and job security.
Additionally, Japan has relatively lower levels of foreign workers compared to some other countries. Therefore, options a), b), and c) are all correct statements about the labor market in the Japanese economy, making option d) the correct answer. Option e) is not correct since it combines options b) and c), which are both correct.
Please note that while the Tiananmen Square events occurred in China, they are not directly related to the labor market in the Japanese economy.
To know more about market visit-
brainly.com/question/30438432
#SPJ11
IBM Company and check their company website and CSR report for the
following information:
do they address any of the SDGgoals (sustainable development
goals) framework?
Yes, the IBM Company addresses the sustainable development goals framework on their company website and CSR report.
Below are the SDGs addressed by the IBM company:• Quality Education: IBM has created various initiatives to advance quality education around the world, including IBM SkillsBuild and IBM Digital-Nation Africa.• Gender Equality: IBM provides equal opportunities for all workers regardless of gender, and their goal is to achieve gender equality in the workplace.• Decent Work and Economic Growth: IBM provides employees with decent work conditions and contributes to the economic growth of the countries where they operate.
• Responsible Consumption and Production: IBM works to reduce its impact on the environment by developing sustainable and innovative technologies.• Climate Action: IBM has committed to reducing its carbon footprint and promoting sustainability throughout its supply chain.IBM has been a longtime proponent of sustainability, having made significant contributions to the SDG agenda, particularly in the areas of climate action and responsible consumption and production, which are aligned with its business priorities.
Learn more about sustainable development goals here:https://brainly.com/question/19956954
#SPJ11
Problem 1: Tammy Tragger has recently decides to make a major life change in order to start a delivery business. She has made up her mind that the follow'ng accounts are necessary to start accounting for the transactions of the new company: Cash, Accounts Receivable, Supplies, Truck, Accounts Payable, Capital Stock, and Retained Earnings. You are to set up the preceding accounts in a column format and record the following transactions for the month of January 2022. After entering the transactions total all columns and check for proper balance. a) Tammy sold $14,700 worth of capital stock and opened a checking account in the name of the business, Tragger Toting Company b) Bought $900 worth of supplies for cash. c) Purchased a truck for $25,000; paying 25% down and putting the rest on account. d) Made deliveries (thereby earning revenue) for customers on account for $2,950. e) Tammy paid $1,100 on account. ) Deliveries made for customers brought in $3,050 cash. 9) Employee wages of $1,890 for January were paid. h) Received a utility bill for January electricity for $620 that will be paid on February 12h. D Collected $1,950 in cash on account. An inventory of supplies reveals only $200 worth remaining in inventory k) Tammy shared her successful month with the owners by paying dividends of $250. Problem 2: Using the columns and results from Problem 1. above, produce the following January 31, 2022 statements in proper form for Tragger Toting, Inc. (full, 3-line headings required): a) Income Statement Statement of Retained Earnings b) c) Balance sheet
the setup of accounts and recording of transactions for Tragger Toting Company, as well as the three financial statements produced:
Setting up accounts and recording transactions:
Problem 1. The accounts set up for Tragger Toting Company include:
Cash
Accounts Receivable
Supplies
Truck
Accounts Payable
Capital Stock
Retained Earnings
Opening balances for each account are not given, so they are assumed to be zero at the start of January 2022.
The transactions for the month of January 2022 are recorded as follows:
Transaction (a): Tammy sold $14,700 worth of capital stock and opened a checking account for the business. The amount is recorded as an increase in Cash and Capital Stock.
Transaction (b): $900 worth of supplies were bought for cash, resulting in a decrease in Cash and an increase in Supplies.
Transaction (c): A truck was purchased for $25,000, with a 25% down payment made in cash and the rest put on account. This results in a decrease in Cash and an increase in Truck and Accounts Payable.
Transactions (d) to (i): Deliveries were made to customers, some on account and some for cash, resulting in an increase in Accounts Receivable and revenue earned. There are no cash payments received for the accounts receivable yet.
Transaction (h): Employee wages of $1,890 for January were paid, resulting in a decrease in Cash.
Transaction (i): A utility bill for January electricity amounting to $620 was received but will be paid in February.
Transaction (j): Cash of $1,950 was collected on account, resulting in an increase in Cash and a decrease in Accounts Receivable.
Transaction (k): Dividends of $250 were paid to the owners, resulting in a decrease in Cash and Retained Earnings.
The transactions are recorded in a column format, and the totals for each column are calculated to check for proper balance.
Problem 2. Financial statements for January 31, 2022:
Income Statement: The income statement summarizes the revenue earned and expenses incurred during the month. It shows that the company generated $6,000 in total revenue from deliveries on account and cash sales. The expenses, including supplies and employee wages, amounted to $2,590, resulting in a net income of $3,410.
Statement of Retained Earnings: The statement of retained earnings shows the changes in the retained earnings account during the month. It starts with an opening balance of $0 and adds the net income of $3,410. Dividends of $250 are then deducted to arrive at a closing balance of $3,160.
Balance Sheet: The balance sheet presents the financial position of the company as of January 31, 2022. It shows the assets, liabilities, and stockholders' equity. The assets include cash, accounts receivable, supplies, and the truck. Liabilities consist of accounts payable. The stockholders' equity section includes capital stock and retained earnings. The total liabilities and stockholders' equity balance with the total assets.
These statements provide a snapshot of Tragger Toting Company's financial performance, retained earnings, and financial position at the end of January 2022.
To know more about Liabilities visit-
brainly.com/question/28548805
#SPJ11
7) The IS vision must be aligned with and reflect the firm's business strategy and will thus be unique and highly specific for a company. 10 Points True False
The statement "The IS vision must be aligned with and reflect the firm's business strategy and will thus be unique and highly specific for a company" is true.
A company's information systems (IS) vision should align with and mirror the company's business strategy. A company's IS plan should be exclusive and highly specific since it should reflect the company's objectives, mission, and goals.The connection between a firm's business strategy and its information systems strategy is crucial. Information systems strategy must reflect business strategy because information systems are a key enabler of business strategy. A company's information system vision must align with and reflect the company's business strategy, meaning that information systems must enable the execution of business strategy.The development of information systems strategy must be a vital part of the business strategy development process. The reason is that a company's information systems strategy will enable and support its business strategy. The alignment of these two strategies would result in achieving the company's goals and objectives.
In this context, the answer is true.In summary, an IS vision must be aligned with and reflect the firm's business strategy, and it should be unique and highly specific for a company. This is because a company's IS plan should reflect its objectives, mission, and goals.
To know more about business strategy visit:
https://brainly.com/question/28561700
#SPJ11
Mechem Corporation produces and sells a single product. In April, the company sold 2,500 units. Its total sales were $161,000, its total variable expenses were $80,700, and its total fixed expenses were $57,600. Required: a. Construct the company's contribution format income statement for April. (Do not round intermediate calculations.)
The company's contribution format income statement for April is as follows:
Sales: $161,000
Variable expenses: $80,700
Contribution margin: $80,300
Fixed expenses: $57,600
Net income: $22,700
The contribution format income statement provides a useful analysis of a company's profitability by separating costs into variable and fixed categories. In this case, Mechem Corporation sold 2,500 units in April, generating total sales of $161,000. The variable expenses, which vary with the level of sales, amounted to $80,700. These include costs such as direct materials, direct labor, and variable manufacturing overhead.
To calculate the contribution margin, we subtract the variable expenses from the sales revenue. In this case, the contribution margin is $80,300. This represents the amount that contributes towards covering the fixed expenses and generating a profit.
The fixed expenses, which remain constant regardless of the level of sales, amounted to $57,600. Examples of fixed expenses include rent, salaries, and depreciation.
By subtracting the fixed expenses from the contribution margin, we can determine the net income. In this case, the net income for April is $22,700. This represents the profit generated by the company after covering both variable and fixed expenses.
In summary, Mechem Corporation's contribution format income statement for April shows that the company achieved a net income of $22,700 by selling 2,500 units with a total sales revenue of $161,000. The contribution margin of $80,300 covers the fixed expenses of $57,600 and contributes to the company's profitability.
Learn more about Income
brainly.com/question/2386757
#SPJ11
When it is necessary to make sure that an observation is covert?
Group of answer choices
When the observation occurs during a shorter time period
When public behavior is observed
When the observation occurs during a longer time period
Covert observation is necessary when there is a need to conceal or hide the act of observing. This is typically done in situations where public behavior is being observed and when the observation needs to occur over a longer time period.
Covert observation refers to the act of observing without the knowledge or awareness of the individuals being observed. It is employed when it is essential to maintain secrecy in order to obtain unbiased and natural behavior from the subjects. One scenario where covert observation is necessary is when observing public behavior. Public behavior can be influenced by the awareness of being observed, leading to altered or modified actions. By conducting covert observations, researchers can gather more authentic and unfiltered data about how people behave in public settings.
Additionally, covert observation may be required when the observation needs to occur over a longer time period. Continuous and prolonged observation can be challenging if the subjects are aware of being observed, as they might modify their behavior or become self-conscious. Covert observation allows researchers to maintain a discreet presence, enabling them to observe and record behavior over an extended period without disrupting the natural flow of events.
In summary, covert observation is necessary in situations where the act of observing needs to be concealed. This includes scenarios involving public behavior and observations over longer time periods, as it ensures the authenticity and naturalness of the observed behavior.
Learn more about Observation:
brainly.com/question/28041973
#SPJ11
You have been appointed as the Marketing Manager of Makro, Massmart CEO Mitchell Slape has assigned you tasks and requires you to write a report that will be presented at the next Massmart Board meeting. You are encouraged to conduct further research on the company.
Background issues
1Massmart . is a South African firm that owns local brands such as Game, Makro, Builder's Warehouse, Cambridge Food and Cash & Carry stores.
2Massmart announces a price freeze in all their brands for the duration of the 21-day nationwide lockdown. This will involve. suspending price adjustments that were scheduled, as part of the normal
course of business, before the lockdown was announced. Fresh produce, which is procured daily from fresh produce markets around the country, is the only category that is not included in this announcement.
3Commenting on the decision, Massmart CEO Mitchell Slape said: "This is an unprecedented time for South Africa and the. world. As we all come to terms with the impact of the Covid-19 pandemic, we must do everything we can to support our customers. We are grateful to our suppliers who support this principled position.’
Assess the situation that Makro is facing in the South African retail industry that prompted them to freeze prices.
Task 3
Advise the Board about the quick actions you took at Makro due to COVID-19 (25 Marks)
As the Marketing Manager of Makro, some of the quick actions that can be taken in response to COVID-19 are; Communicating with Customers: Makro can quickly communicate with its customers through email, SMS, or social media, reassuring them of the steps being taken to ensure their safety and well-being.
Makro can also provide updates about any changes to store hours, policies, or services offered, as well as any new safety protocols that are being implemented. Creating an Online Shopping Platform: Makro can quickly establish or improve its online shopping platform for customers to shop from home. This will help Makro to increase sales as customers are able to shop for essential items while in isolation. Implementing Safety Measures: Makro can introduce various safety measures such as temperature checks for employees, hand sanitizers, and the use of face masks, to make customers feel safe.
Makro can also put up posters and signs about health guidelines provided by the World Health Organization (WHO) throughout the stores. Educating Employees: Makro can educate employees on the symptoms of COVID-19 and how to prevent its spread. Makro can also provide training on how to handle customers who may have symptoms of the virus and establish protocols on how to handle any suspected or confirmed cases within the store. Makro can also implement remote working to reduce the number of employees in stores. Avoiding Exploitative Practices: Makro can avoid price gouging or taking advantage of the current situation to make excessive profits. Instead, Makro can maintain fair pricing and offer discounts where possible to make essential items more affordable for customers. Finally, Makro can use its platforms to educate customers about the virus and encourage them to follow health guidelines provided by WHO. By following these quick actions, Makro will be able to effectively respond to the pandemic while also continuing to meet the needs of its customers.
To know more about Marketing visit:
https://brainly.com/question/27155256
#SPJ11
Global climate change (global warming), due to the build-up of
greenhouse gasses, is a critical environmental and economic issue.
In your opinion, what policy can best minimize its damaging impact?
Us
There are several policies that can be implemented to minimize the damaging impact of global climate change. One effective policy is the implementation of a carbon tax.
A carbon tax is a tax on carbon emissions that would incentivize individuals and companies to reduce their carbon footprint. The revenue generated from the tax can be used to fund climate change mitigation efforts.
Another policy that can be implemented is the promotion of renewable energy sources such as solar, wind, and hydro power. Governments can provide incentives and subsidies for the adoption of renewable energy, as well as penalties for the use of fossil fuels.
Furthermore, international agreements and regulations can also be put in place to address global climate change. The Paris Agreement, for example, aims to limit global temperature increase to below 2 degrees Celsius above pre-industrial levels. Countries can work together to reduce their greenhouse gas emissions and achieve this goal.
Overall, a combination of policies and efforts are needed to minimize the damaging impact of global climate change. It is important for governments, businesses, and individuals to take action to address this critical environmental and economic issue.
To know more about climate change click here:
https://brainly.com/question/32532670
#SPJ11
A finance manager, told his boss, "Jake, just like last month, I have determined appropriate revenue recognition for each of the 55 projects this month, based upon company policy and our standard procedures. Each of the projects has routine revenue accrual, I have prepared financial affidavits for each of these 55 projects, and I recommend that you approve the revenues by signing the affidavits." Jake's decision to approve the revenues is an example of a programmed decision because the underlying problem Multiple Choice has a predetermined outcome. is novel and unstructured. is risk-free. is trivial is frequent, repetitive, and routine.
Jake's decision to approve the revenues is an example of a programmed decision because the underlying problem is frequent, repetitive, and routine. option(d)
Jake's decision to approve the revenues based on the finance manager's recommendation can be considered a programmed decision because it falls under the category of a frequent, repetitive, and routine problem. Programmed decisions are those that can be automated or handled using established rules, procedures, or guidelines. In this case, the finance manager has determined appropriate revenue recognition for each of the 55 projects based on company policy and standard procedures. This suggests that the decision-making process is well-defined and follows a set pattern.
The finance manager's statement indicates that the projects have routine revenue accrual, which implies that the process of determining appropriate revenue recognition for each project is a recurring task. Since the manager has prepared financial affidavits for each project and recommends approval based on established procedures, the decision to approve the revenues becomes a repetitive action following a predefined pattern.
Programmed decisions are typically low-risk and do not require much cognitive effort or creativity since they rely on predefined rules and routines. In this scenario, the finance manager's recommendation aligns with the established protocols, making it a programmed decision rather than a novel or unstructured one. option(d)
For such more questions on revenues
https://brainly.com/question/14510611
#SPJ8
3. Explain the idea behind the non-traditional media. How is it used? Give an example from your own experience of one type of non-traditional media.
Non-traditional media can be a valuable tool for businesses looking to engage their target audience and boost their ROI.
Non-traditional media refers to any new medium used to communicate with the masses besides traditional media such as newspapers, radio, and television. It can be any format such as podcasts, blogs, social media, mobile applications, and more.
Non-traditional media is often more cost-effective, efficient, and easier to access than traditional media, allowing companies to reach a broader audience. They also provide an opportunity for businesses to engage with their target audience by creating more personalized messages, which can result in increased customer loyalty and engagement.
For example, influencer marketing is a type of non-traditional media that utilizes social media platforms to advertise and promote products or services. This form of marketing relies on the use of popular personalities with large followings to drive brand awareness and increase sales.
A well-executed influencer marketing campaign can result in a higher return on investment (ROI) compared to traditional marketing methods. In conclusion, non-traditional media can be a valuable tool for businesses looking to engage their target audience and boost their ROI.
To know more about ROI visit:
https://brainly.com/question/30049040
#SPJ11
the time value of money is important for three reasons. these three reasons are:
Understanding the time value of money is essential in making sound financial decisions. It allows us to analyze and compare different investment opportunities, assess the profitability of projects, and accurately value financial assets.
The time value of money is a fundamental concept in finance, and it is important for three key reasons. Firstly, it explains how the value of money changes over time due to inflation or interest rates. This is important because it enables individuals and businesses to make informed decisions about investment and borrowing. Secondly, it helps to calculate the present value of future cash flows, which is crucial in determining the profitability of projects or investments. Lastly, it helps in determining the fair price of financial assets such as stocks, bonds, and options, by factoring in the time value of money.
To know more about profitability visit:
brainly.com/question/29662354
#SPJ11
A $1,000 par value bond with a market price of $970 and a coupon interest rate of 10 %. Flotation costs for a new issue would be approximately 5 %. The bonds mature in 10 years and the corporate tax rate is 33 %. What is the cost of the bond for the company? a) 11.4%
b) 6.6 %
c) 7.6%
d) 3.3%
The cost of the bond for the company can be calculated by considering the market price, coupon interest rate, flotation costs, and the corporate tax rate. The correct answer is (c) 7.6%.
To calculate the cost of the bond for the company, we need to take into account several factors. The market price of the bond is $970, which is lower than the par value of $1,000. The coupon interest rate is 10%, and the flotation costs for a new issue are approximately 5%.
First, we calculate the after-tax cost of debt by adjusting the coupon interest rate for the corporate tax rate. Since the tax rate is 33%, the after-tax cost of debt is 10% * (1 - 0.33) = 6.7%.
Next, we consider the flotation costs. Flotation costs reduce the amount of funds raised from the bond issuance. In this case, the flotation costs are 5%, which means the company will receive 95% of the par value.
To calculate the cost of the bond for the company, we combine the after-tax cost of debt with the adjusted market price after accounting for flotation costs. The cost of the bond is ($970 * 95%) / $1,000 = 0.9705. Converting it to a percentage gives us 7.6%.
Therefore, the correct answer is (c) 7.6%.
Learn more about flotation cost here:
https://brainly.com/question/32421751
#SPJ11
A. The manager of a small business reported 30 days of profit which revealed that $200 was made on the first day, $210 on the second day, $220 on the third day and so on.
i. Determine the general rule that can be used to find the profit for each day. (2 marks)
ii. What is the difference between the profit made on the 17ℎ and 23 day? (3 marks
) iii. In total, calculate how much profit was made over the course of the 30 days if the profit follows the same pattern throughout the period.
i. The general rule to find the profit for each day is to add $10 to the profit of the previous day. ii. The difference between the profit made on the 17th and 23rd day is $60. iii. The total profit made over the course of 30 days.
i. Based on the information provided, the general rule to find the profit for each day is that the profit increases by $10 each day. This means that the profit for the first day is $200, for the second day is $200 + $10 = $210, for the third day is $210 + $10 = $220, and so on. The profit for each day can be calculated by adding $10 to the profit of the previous day.
ii. To find the difference between the profit made on the 17th and 23rd day, we need to calculate the profit on both days and subtract them. Using the general rule, the profit on the 17th day would be $200 + ($10 * 16) = $360. Similarly, the profit on the 23rd day would be $200 + ($10 * 22) = $420. The difference between these two profits is $420 - $360 = $60.
iii. To calculate the total profit made over the course of 30 days, we can use the arithmetic series formula. The first term (a) is $200, the common difference (d) is $10, and the number of terms (n) is 30. The formula for the sum of an arithmetic series is given by S = (n/2)(2a + (n-1)d). Plugging in the values, we have S = (30/2)(2*200 + (30-1)*10) = 15 * (400 + 290) = 15 * 690 = $10,350. Therefore, the total profit made over the course of 30 days, following the same pattern, is $10,350.
Learn more about profit here:
https://brainly.com/question/29987711
#SPJ11
Demand for wine bottles at one of Vino's warehouses is normally distributed with average 10000 and standard deviation 3333. The firm wants to achieve a service level of 90%. How much safety inventory do they need to carry to achieve this service level? O a. 4266 units O b. 4400 units O c. 5060 units O d. 933 units Next page ula Sheet Jump to.
Service level is defined as the probability of not running out of stock when the demand is high, so this question is asking for the safety inventory needed to satisfy this probability of not running out of stock. The correct option is (A) 4266 units.
The standard deviation is used as a measure of variability of the demand of wine bottles. Service level is defined as the probability of not running out of stock when the demand is high. In other words, it is the probability of fulfilling customer orders without delay. It represents the percentage of demand that the system can meet through the available inventory at a given time. For example, a 90% service level implies that the company can meet 90% of the total demand at a specific time. Safety inventory is the quantity of stock held in reserve to protect against uncertainty in demand or lead time. It is the buffer stock that ensures customer orders can be fulfilled without delay. Since we are looking for the area to the left of the mean, we subtract 0.5 (50%) from 0.9 (90%) to get 0.4 (40%). Using the standard normal distribution table, we find that the z-score for 0.4 is 1.28. The safety inventory needed to achieve a service level of 90% for Vino's warehouse can be calculated using the formula:
Safety inventory = z-score × standard deviation of demand
Substituting the given values, we get:
Safety inventory = 1.28 × 3333
Safety inventory = 4262.4
Rounding up to the nearest whole number, we get the answer as 4266 units.
To learn more about inventory, visit:
https://brainly.com/question/6079275
#SPJ11
6) According to the model of the evolution of an organization's social responsibility, stage 2 adds responsibility to A) stockholders B) employees C) safe products D) society as a whole
Option D) society as a whole. In stage 2 of the evolution of an organization's social responsibility, there is a recognition that businesses have a responsibility beyond just serving the interests of their stockholders or employees.
In stage 2 of the evolution of an organization's social responsibility, the emphasis shifts towards adopting a more comprehensive and proactive approach to address the concerns and impacts on society as a whole. This entails going beyond legal compliance and incorporating ethical considerations into business practices. Organizations recognize the interconnectedness between their operations and the well-being of society, and they strive to minimize any negative consequences while maximizing positive contributions.
To fulfill their responsibility to society, organizations may engage in various initiatives such as promoting sustainable practices, supporting community development projects, investing in social causes, and implementing fair and inclusive employment policies. They may also prioritize the production and delivery of safe products or services that meet the needs and expectations of consumers. By actively considering the broader societal implications of their actions and integrating social responsibility into their core values and strategies, organizations in stage 2 aim to create a positive impact on society while maintaining their financial viability.
Overall, stage 2 of the evolution of an organization's social responsibility marks a significant shift towards a more holistic and stakeholder-oriented approach, recognizing the importance of societal well-being alongside financial success.
Learn more about Social Responsibility : brainly.com/question/30554068
#SPJ11
Marquez purchased some equipment for $58,750 on August 15, 2020. However, Marquez decided the equipment was not needed and sold it on June 13, 2021 for $56,500. The equipment was subject to depreciation of $6,964 for 2020 and 2021. What gain or loss will Marquez recognize on the sale of the equipment? 01:56:28 Multiple Choice $2,250 ordinary loss. $2,250 capital loss. $4,714 ordinary gain. $4,714 capital gain. 15 eBook
Marquez will recognize a $4,714 ordinary gain on the sale of the equipment.
To calculate the gain or loss, we need to compare the selling price of the equipment to its adjusted basis. The adjusted basis is determined by subtracting the accumulated depreciation from the original cost of the equipment.
The original cost of the equipment was $58,750, and the accumulated depreciation for 2020 and 2021 was $6,964. Therefore, the adjusted basis of the equipment is $58,750 - $6,964 = $51,786.
Since Marquez sold the equipment for $56,500, we subtract the adjusted basis from the selling price to calculate the gain or loss. $56,500 - $51,786 = $4,714.
The gain or loss is classified as ordinary because the equipment was held for less than one year. In this case, Marquez will recognize a $4,714 ordinary gain on the sale of the equipment.
Learn more about equipment here
https://brainly.com/question/3045549
#SPJ11
